Kwasi Kwarteng photograph

Kwasi Kwarteng

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Gender Male
Age 48
Web site www.kwasi4spelthorne.org.uk
Date of birth May 26,1975
Zodiac sign Gemini
Born London
United Kingdom
Office Member of Parliament of the United Kingdom
Party Conservative Party
Job Politician
Historian
Education Eton College
University of Cambridge
Harvard University
Trinity College
St Paul's Juniors
BooksThatcher's Trial: Six Months That Defined a Leader
Thatcher's Trial: 180 Days that Created a Conservative Icon
War and Gold: A Five-Hundred-Year History of Empires, Adventures and Debt
Britannia Unchained
Ghosts of Empire
Ghosts of Empire: Britain's Legacies in the Modern World
After the Coalition
Gridlock Nation
Official site parliament.uk
NationalityBritish
Position Member of Parliament of the United Kingdom
Member of Parliament of the United Kingdom since 2010
Movies/Shows Africa Turns the Page: The Novels that Shaped a Continent
Previous positionChancellor of the Exchequer (2022–2022)
Date of Reg.
Date of Upd.
ID405095
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Kwasi Kwarteng Life story


Akwasi Addo Alfred Kwarteng is a British Conservative Party politician who has been the Member of Parliament for Spelthorne in northern Surrey since May 2010.

Physical Characteristics

Kwasi kwarteng is a british member of parliament who stands at a height of 5 feet inches and weighs around 75 kgs.He has brown eyes and a slim body ytpe.

Personal Information

Kwasi kwarteng was born on the 31st of august 1975 in london.England.He is of ghanaian descent and holds british nationalityh.E is the son of ghanaian immigrants and has two siblings.He is married and has two children.

Education and Career

Kwasi kwarteng studied at the university of acmrbidge and harvard university.He is a historian and author and has written several books on british history.He was elected as a member of parliament for the conservative party in 2010 and has held the position ever since.

Most Important Event

Kwasi kwartneg is best known for his role in the brexit negotiations.He was a key figure in the negotiations and was instrumental in ensuring that the uk was able to leave the ueropean union in an orderly fashion.

Life Story

Kwasi kwarteng was born in london to ghanaian immigrants.He was raised in a working-class family and was determined to make something of himself.He studied hrad and was accepted into the university of cambridge and harvard university.After graduating.He worked as a historian and author before entering politics.He was elected as a member of parliament in 2010 and has held the position ever since.He is best known for his role in the brexit negotiations and is a respected figrue in british politics.

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises

Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
Nov 22,2023 3:31 pm

... " Conservative MP Kwasi Kwarteng - who was forced to resign as chancellor after his tax-cutting plans sparked a backlash from financial markets - said Mr Hunt s statement was " a tentative step in the right direction" which would be welcomed by " core Conservative voters"...

What the chancellor really means when he says tax cuts are 'impossible'

What the chancellor really means when he says tax cuts are 'impossible'
Nov 17,2023 1:41 am

... Breaching such rules can be costly: the big giveaway in Kwasi Kwarteng s mini-Budget of September 2022 led to a surge in borrowing rates (which also swelled mortgage rates)...

Bankers' bonus cap scrapped allowing return of bumper rewards

Bankers' bonus cap scrapped allowing return of bumper rewards
Oct 30,2023 10:21 pm

... The original decision to scrap the cap on bonuses was announced by Kwasi Kwarteng in his September 2022 Budget...

Cap on bankers' bonuses to be scrapped

Cap on bankers' bonuses to be scrapped
Oct 24,2023 8:41 am

... The plan was announced by former chancellor Kwasi Kwarteng last year as a way of making London a more attractive place to do business...

Rosebank oil field: Will it mean cheaper energy bills?

Rosebank oil field: Will it mean cheaper energy bills?
Sep 27,2023 8:20 am

... Last year, Kwasi Kwarteng, saying more domestic oil and gas extraction would have " at most, a marginal effect on prices"...

Laura Kuenssberg: Inside the high-stakes soap opera that led to political chaos

Laura Kuenssberg: Inside the high-stakes soap opera that led to political chaos
Sep 9,2023 10:00 am

... We go to the Bank of England when financiers were shouting down the phone, as Liz Truss and Kwasi Kwarteng s decisions sent the markets into meltdown...

Treasury boss Tom Scholar received £335k payout after sacking

Treasury boss Tom Scholar received £335k payout after sacking
Jul 20,2023 8:40 am

... Dismissal criticisedThe Treasury says Sir Tom left his role as permanent secretary on 8 September, two weeks before the then-chancellor Kwasi Kwarteng delivered a financial statement widely known as the mini-budget...

Using agency staff to cover strikes ruled unlawful

Using agency staff to cover strikes ruled unlawful
Jul 13,2023 12:00 pm

... It was brought in by then-Business Secretary Kwasi Kwarteng, who at the time said he wanted to remove " burdensome, 1970s-style restrictions" which made the use of temporary workers during strikes a criminal offence...

Rosebank oil field: Will it mean cheaper energy bills?

May 13,2023 8:30 pm

The development of a controversial UK oil field has been given The go-ahead.

Rosebank , which lies about 80 miles north-west of Shetland, has been approved by The UK regulators The North Sea Transition Authority (NSTA).

What is Rosebank ?

Rosebank is an oil and gas field and is one of The largest undeveloped discoveries in UK waters

It is said to contain up to 300 million barrels of oil and is owned by Norwegian energy giant Equinor and British firm Ithaca Energy.

The approval for drilling comes after The government said it would issue hundreds of new licences for oil and gas exploration in The North Sea .

What will it produce?

The Field is expected to start producing oil from 2026.

If drilling does start On Time , Rosebank could account for 8% of The UK's total oil production between 2026 and 2030.

Roughly 245 million barrels will be produced in The First five years of drilling, with The Remaining 55 million being extracted between 2032 and 2051.

Though oil is The main product, The Site will also produce gas.

About 1,600 jobs are expected to be created during The Peak of construction. Long term, The operation will create 450 jobs.

Will it mean lower energy bills in The UK?

Oil and gas from UK waters is not necessarily used Here - it is sold on global markets.

What Rosebank produces will be sold at world market prices, so The Project will not cut energy prices for UK consumers.

The Norwegian state oil company Equinor - which is The majority owner of Rosebank - has confirmed that.

" If The UK needs Rosebank oil, it will go to The UK through open market mechanisms" said Arne Gurtner, Equinor 's senior Vice President for The UK.

Emma Pinchbeck, chief executive of The industry body Energy UK, said The long-term solution for UK bills and energy security " is in reducing our gas demand" rather then extracting new fossil fuels.

The government's independent advisers on Climate Change , The Climate Change Committee (CCC), has said similar in response to The government's plans to develop The UK's remaining offshore oil and gas reserves.

Last Year , Kwasi Kwarteng , saying more domestic oil and gas extraction would have " at most, a marginal effect on prices".

Oil also tends to be sent around The World to be refined - The UK does not have The capacity to refine all its own oil-based products.

Why is The Site controversial?

The Plan has faced widespread criticism due to its impact on Climate Change .

Last month 50 MPs and peers from all major parties warned approving The Project would be " deeply irresponsible" and risked putting climate targets out of reach and would " nothing" to reduce household bills.

On Tuesday, The International Energy Agency renewed its assertion that no new oil and gas projects are needed if The World is to achieve its climate goals.

Its updated projection suggests fossil fuel demand will fall 80% by 2050 as new Solar Power and electric cars continue to grow.

Protests have been carried out against Rosebank in The run-up to its approval across The country, with some groups, such as Surfers Against Sewage voicing concerns over The impact of drilling on Sea Life .

Regulators have said net zero considerations, which means no longer adding to The total amount of greenhouse gases in The atmosphere, have been taken into account.

What are politicians saying?

The UK government has welcomed The decision, with Energy Security Secretary Claire Coutinho saying oil and gas are part of The " mix on The Path to net zero".

She has argued it " makes sense" for The UK to use its own oil supplies and will enable The country to have " greater energy independence, making us more secure against tyrants like (Vladimir) Putin".

Sir Keir Starmer has confirmed that Labour will not revoke The licence for The oil field if it wins The Next election. He Said that allowing exploration to go ahead would provide " stability" to The economy.

The Liberal Democrats are not expected to make a comment on The licence, but a party source has said that their position remains that Rosebank should not go ahead.

Meanwhile, Scotland's First Minister Humza Yousaf has said he is " disappointed" by The decision and that he is concerned that The oil extracted will end up overseas.

Green MP Caroline Lucas saying The Move was " morally obscene" and called The Move The " greatest act of environmental vandalism in my lifetime".



Source of news: bbc.com

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